Buy, Sell or Hold: JM Financial initiates coverage on IndoStar Capital Finance; Emkay maintains Accumulate on D-Mart

Brokerages remained selective in their latest stock calls, backing Avenue Supermarts, LTM and IndoStar Capital Finance despite macro uncertainties. Elara sees margin-led growth for DMart, Emkay remains positive on LTM's deal pipeline and GenAI opportunities, while JM Financial initiated coverage on IndoStar with a 'Buy' rating, citing its retail-focused transformation and strong earnings growth potential.

Raccontata daeconomictimes.indiatimes.com